Cash flow of about $600 total.

But, that's 2 properties for 8.5% down total! 

Also, that discussion was about  one year ago, so I need to get an update from them to see if the is still the case.Norman has never been a target market for me due to the increased commute to work that house-hacking would add, but this deal would allow me to walk into around 20K of equity based on recent comps, and increase my total cash-flow, from renting out my current house-hack.

That means you are losing access to at least 25% of the total value of the property.If you take on a partner, there is far less cost (if any). 

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

(I don't mind sharing it - I won't get it anyway - so if it is truly a deal and a BP member can get it, all the better)Details (read the Zillow description - the listing details are wrong): Address: 6610 52nd Avenue Ct W, Graham, WA 983384 mobile homes for $156,000Each home is a 4bd/2ba with laundryCurrent tenants pay $1700 average rent per homeSpace rent is $700 per lotThe numbers (per month for all 4 homes):Total gross rent: 4*1700 = 6800Total lot rent: 4*700 = 2800PITI: 860 (this is for the full $156,000, i.e. all 4 homes)Vacancy - 15%: 1020Property management - 10%: 680Maintenance - 10%: 680CapEx - 5%: 340W/S/G (this is a wild guess - I have no clue): 4*50 = 200Total expenses: 6580Total cashflow: 220I feel like I've been quite pessimistic with the estimations (e.g., 15% vacancy), and it still produces a positive cashflow.

They did some other door repairs and the total bill was $332.

Be carful spending money to fix the repairs up since you will not likely get any more that what his deposit totals.

Just as a follow up, I found a local lender able to do 15% down, sale price was $97,500 and had to put like $21,000 out of pocket total. 

I was looking through the public property records for an area that I'm looking to invest in, and when I was looking through the page it said that the "2018 Total Value/Taxable", was $79,000.